Friday January 9th, 2009
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Investors Turn Up Heat Over Carbon Emissions
from The Christian Science Monitor
Labeling them as laggards in their response to climate change, a group of investors has put companies including Wells Fargo and Bed Bath & Beyond on a "climate watch list," one example of how global warming is hitting corporate America between its pinstripes.
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I guess another way to push big business into acting is through their pocket book. However, I am not so comfortable with the fact that stockholders are a bit more interested in their bottom line than in the bottom line of our planet earth. I know that we are all trying to benefit from our investments, but I don't know if threatening to sue over how company stocks are going to be reflected in the future is necessary. I do hope the pressure being applied helps companies to start taking action now into doing the right thing.
http://www.lime.com/forum/planet/7438/big_business_going_green
Come to the forum being discussed on Big Business Going Green.